Leica M Typ 262 vs Panasonic FZ300

The Leica M (Typ 262) and the Panasonic Lumix DMC-FZ300 (labelled Panasonic FZ330 in some countries) are two digital cameras that were announced, respectively, in November 2015 and July 2015. The M Typ 262 is a rangefinder-focusing mirrorless camera, while the FZ300 is a fixed lens compact. The cameras are based on a full frame (M Typ 262) and a 1/2.3-inch (FZ300) sensor. The Leica has a resolution of 23.7 megapixels, whereas the Panasonic provides 12 MP.

Below is an overview of the main specs of the two cameras as a starting point for the comparison.

Headline Specifications

Leica M Typ 262		Panasonic FZ300
Rangefinder camera		Fixed lens compact camera
Leica M mount lenses		25-600mm f/2.8
23.7 MP – Full Frame sensor		12 MP – 1/2.3" sensor
no Video		4K/30p Video
ISO 200-6,400		ISO 100-6,400
Optical viewfinder		Electronic viewfinder (1440k dots)
3.0" LCD – 921k dots		3.0" LCD – 1040k dots
Fixed screen (not touch-sensitive)		Swivel touchscreen
3 shutter flaps per second		12 shutter flaps per second
Weathersealed body		Weathersealed body
400 shots per battery charge		380 shots per battery charge
139 x 80 x 42 mm, 680 g		132 x 92 x 117 mm, 691 g

Check M Typ 262 offers at
ebay.com
Check FZ300 price at
amazon.com

Going beyond this snapshot of core features and characteristics, what are the differences between the Leica M (Typ 262) and the Panasonic Lumix DMC-FZ300? Which one should you buy? Read on to find out how these two cameras compare with respect to their body size, their imaging sensors, their shooting features, their input-output connections, and their reception by expert reviewers.

Body comparison

The physical size and weight of the Leica M Typ 262 and the Panasonic FZ300 are illustrated in the side-by-side display below. The two cameras are presented according to their relative size. Three successive views from the front, the top, and the rear are shown. All size dimensions are rounded to the nearest millimeter.

The M Typ 262 can be obtained in two different colors (black, silver), while the FZ300 is only available in black.

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Panasonic FZ300 is notably larger (9 percent) than the Leica M Typ 262. In this context, it is worth noting that both cameras are splash and dust-proof and can, hence, be used in inclement weather conditions or harsh environments.

The above size and weight comparisons are to some extent incomplete and possibly misleading, as the FZ300 has a lens built in, whereas the M Typ 262 is an interchangeable lens camera that requires a separate lens. Attaching the latter will add extra weight and bulk to the setup. You can compare the optics available for the M Typ 262 and their specifications in the Leica M Lens Catalog.

Concerning battery life, the M Typ 262 gets 400 shots out of its Leica BP-SCL2 battery, while the FZ300 can take 380 images on a single charge of its Panasonic DMW-BLC12 power pack.

The adjacent table lists the principal physical characteristics of the two cameras alongside a wider set of alternatives. If you want to switch the focus of the display and review another camera pair, you can move across to the CAM-parator tool and choose from the broad selection of possible camera comparisons there.

Body Specifications

		Camera Model	Camera Width	Camera Height	Camera Depth	Camera Weight	Battery Life	Weather Sealing	Camera Launch	Launch Price (USD)	Street Price
1.		Leica M Typ 262	139 mm	80 mm	42 mm	680 g	400	Y	Nov 2015	5,195	ebay.com
2.		Panasonic FZ300	132 mm	92 mm	117 mm	691 g	380	Y	Jul 2015	599	amazon.com
3.		Canon 1D X Mark II	158 mm	168 mm	83 mm	1530 g	1210	Y	Feb 2016	5,999	ebay.com
4.		Canon 80D	139 mm	105 mm	79 mm	730 g	960	Y	Feb 2016	1,199	ebay.com
5.		Canon G3 X	123 mm	77 mm	105 mm	733 g	300	Y	Jun 2015	999	ebay.com
6.		Canon SX60	128 mm	93 mm	114 mm	650 g	340	n	Sep 2014	549	ebay.com
7.		Leica M Typ 240	139 mm	80 mm	42 mm	680 g	500	Y	Sep 2012	6,950	ebay.com
8.		Leica M-E Typ 240	139 mm	80 mm	42 mm	680 g	500	Y	Jun 2019	3,999	ebay.com
9.		Leica M10	139 mm	80 mm	39 mm	660 g	210	Y	Jan 2017	6,595	ebay.com
10.		Leica M10-P	139 mm	80 mm	39 mm	660 g	210	Y	Aug 2018	7,995	ebay.com
11.		Leica Q Typ 116	130 mm	80 mm	93 mm	640 g	300	n	Jun 2015	4,249	ebay.com
12.		Leica SL	147 mm	104 mm	39 mm	847 g	400	Y	Oct 2015	7,450	ebay.com
13.		Nikon D7200	136 mm	107 mm	76 mm	765 g	1110	Y	Mar 2015	1,199	ebay.com
14.		Panasonic FZ100	124 mm	82 mm	92 mm	540 g	410	n	Jul 2010	499	ebay.com
15.		Panasonic FZ150	124 mm	82 mm	92 mm	528 g	410	n	Aug 2011	499	ebay.com
16.		Panasonic FZ200	125 mm	87 mm	110 mm	588 g	540	n	Jul 2012	599	ebay.com
17.		Sony HX400V	130 mm	93 mm	103 mm	660 g	300	n	Feb 2014	499	ebay.com
Note: Measurements and pricing do not include easily detachable parts, such as add-on or interchangeable lenses or optional viewfinders.
Convert to Imperial

Any camera decision will naturally be influenced heavily by the price. The listed launch prices provide an indication of the market segment that the manufacturer of the cameras have been targeting. The FZ300 was launched at a lower price than the M Typ 262, despite having a lens built in. Normally, street prices remain initially close to the MSRP, but after a couple of months, the first discounts appear. Later in the product cycle and, in particular, when the replacement model is about to appear, further discounting and stock clearance sales often push the camera price considerably down.

Sensor comparison

The size of the imaging sensor is a crucial determinant of image quality. A large sensor will generally have larger individual pixels that offer better low-light sensitivity, provide wider dynamic range, and have richer color-depth than smaller pixels in a sensor of the same technological generation. Further, a large sensor camera will give the photographer additional creative options when using shallow depth-of-field to isolate a subject from its background. On the downside, larger sensors tend to be more expensive and lead to bigger and heavier cameras and lenses.

Of the two cameras under consideration, the Leica M Typ 262 features a full frame sensor and the Panasonic FZ300 a 1/2.3-inch sensor. The sensor area in the FZ300 is 97 percent smaller. As a result of these sensor size differences, the cameras have a format factor of, respectively, 1.0 and 5.6. The sensor in the M Typ 262 has a native 3:2 aspect ratio, while the one in the FZ300 offers a 4:3 aspect.

With 23.7MP, the M Typ 262 offers a higher resolution than the FZ300 (12MP), but the M Typ 262 nevertheless has larger individual pixels (pixel pitch of 6.01μm versus 1.53μm for the FZ300) due to its larger sensor. Moreover, the M Typ 262 is a somewhat more recent model (by 4 months) than the FZ300, and its sensor might have benefitted from technological advances during this time that further enhance the light gathering capacity of its pixels. Coming back to sensor resolution, it should be mentioned that neither of the two cameras has an anti-alias filter installed, so they are able to capture all the detail the sensor resolves.

The resolution advantage of the Leica M Typ 262 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the M Typ 262 for good quality output (200 dots per inch) amounts to 29.8 x 19.9 inches or 75.6 x 50.5 cm, for very good quality (250 dpi) 23.8 x 15.9 inches or 60.5 x 40.4 cm, and for excellent quality (300 dpi) 19.8 x 13.3 inches or 50.4 x 33.7 cm. The corresponding values for the Panasonic FZ300 are 20 x 15 inches or 50.8 x 38.1 cm for good quality, 16 x 12 inches or 40.6 x 30.5 cm for very good quality, and 13.3 x 10 inches or 33.9 x 25.4 cm for excellent quality prints.

The Leica M (Typ 262) has a native sensitivity range from ISO 200 to ISO 6400, which can be extended to ISO 100-6400. The corresponding ISO settings for the Panasonic Lumix DMC-FZ300 are ISO 100 to ISO 6400 (no boost).

In terms of underlying technology, the M Typ 262 is build around a CMOS sensor, while the FZ300 uses a BSI-CMOS imager. Both cameras use a Bayer filter for capturing RGB colors on a square grid of photosensors. This arrangement is found in most digital cameras.

For many cameras, data on sensor performance has been reported by DXO Mark. This service determines an overall sensor rating, as well as sub-scores for low-light sensitivity ("DXO Sports"), dynamic range ("DXO Landscape"), and color depth ("DXO Portrait"). The adjacent table reports on the physical sensor characteristics and the outcomes of the DXO sensor quality tests for a sample of comparator-cameras.

Sensor Characteristics

		Camera Model	Sensor Class	Resolution (MP)	Horiz. Pixels	Vert. Pixels	Video Format	DXO Portrait	DXO Landscape	DXO Sports	DXO Overall
1.		Leica M Typ 262	Full Frame	23.7	5952	3976	none	24.8	13.7	2478	90
2.		Panasonic FZ300	1/2.3	12.0	4000	3000	4K/30p	19.3	11.0	97	38
3.		Canon 1D X Mark II	Full Frame	20.0	5472	3648	4K/60p	24.1	13.5	3207	88
4.		Canon 80D	APS-C	24.0	6000	4000	1080/60p	23.6	13.2	1135	79
5.		Canon G3 X	1-inch	20.0	5472	3648	1080/60p	21.4	12.3	521	63
6.		Canon SX60	1/2.3	14.2	4608	3072	1080/60p	19.2	10.8	127	39
7.		Leica M Typ 240	Full Frame	23.7	5952	3976	1080/25p	24.0	13.3	1860	84
8.		Leica M-E Typ 240	Full Frame	23.7	5952	3976	1080/25p	25.2	14.2	2821	94
9.		Leica M10	Full Frame	23.8	5952	3992	none	24.4	13.2	2133	86
10.		Leica M10-P	Full Frame	23.8	5952	3992	none	25.1	14.1	2739	93
11.		Leica Q Typ 116	Full Frame	24.0	6000	4000	1080/60p	24.3	12.7	2221	85
12.		Leica SL	Full Frame	24.0	6000	4000	4K/30p	25.0	13.4	1821	88
13.		Nikon D7200	APS-C	24.0	6000	4000	1080/60p	24.5	14.6	1333	87
14.		Panasonic FZ100	1/2.3	14.0	4320	3240	1080/60i	19.4	10.7	306	39
15.		Panasonic FZ150	1/2.3	12.0	4000	3000	1080/60p	19.4	10.9	132	40
16.		Panasonic FZ200	1/2.3	12.0	4000	3000	1080/60p	19.1	10.8	114	37
17.		Sony HX400V	1/2.3	20.2	5184	3888	1080/60p	20.1	11.4	629	45
Note: DXO values in italics represent estimates based on sensor size and age.

Many modern cameras are not only capable of taking still images, but can also record movies. The FZ300 indeed provides for movie recording, while the M Typ 262 does not. The highest resolution format that the FZ300 can use is 4K/30p.

Feature comparison

Beyond body and sensor, cameras can and do differ across a range of features. For example, the FZ300 has an electronic viewfinder (1440k dots), while the M Typ 262 has an optical one. Both systems have their advantages, with the electronic viewfinder making it possible to project supplementary shooting information into the framing view, whereas the optical viewfinder offers lag-free viewing and a very clear framing image. The viewfinders of both cameras offer the same field of view (100%), but the viewfinder of the FZ300 has a higher magnification than the one of the M Typ 262 (0.70x vs 0.68x), so that the size of the image transmitted appears closer to the size seen with the naked human eye. The table below summarizes some of the other core capabilities of the Leica M Typ 262 and Panasonic FZ300 in connection with corresponding information for a sample of similar cameras.

Core Features

		Camera Model	Viewfinder (Type or 000 dots)	Control Panel (yes/no)	LCD Specifications (inch/000 dots)	LCD Attach- ment	Touch Screen (yes/no)	Max Shutter Speed *	Max Shutter Flaps *	Built-in Flash (yes/no)	Built-in Image Stab
1.		Leica M Typ 262	optical	n	3.0 / 921	fixed	n	1/4000s	3.0/s	n	n
2.		Panasonic FZ300	1440	n	3.0 / 1040	swivel	Y	1/4000s	12.0/s	Y	Y
3.		Canon 1D X Mark II	optical	Y	3.2 / 1620	fixed	Y	1/8000s	16.0/s	n	n
4.		Canon 80D	optical	Y	3.0 / 1040	swivel	Y	1/8000s	7.0/s	Y	n
5.		Canon G3 X	optional	n	3.2 / 1620	tilting	Y	1/2000s	5.9/s	Y	Y
6.		Canon SX60	922	n	3.0 / 922	swivel	n	1/2000s	6.4/s	Y	Y
7.		Leica M Typ 240	optical	n	3.0 / 920	fixed	n	1/4000s	3.0/s	n	n
8.		Leica M-E Typ 240	optical	n	3.0 / 920	fixed	n	1/4000s	3.0/s	n	n
9.		Leica M10	optical	n	3.0 / 1037	fixed	n	1/4000s	5.0/s	n	n
10.		Leica M10-P	optical	n	3.0 / 1037	fixed	Y	1/4000s	5.0/s	n	n
11.		Leica Q Typ 116	3680	n	3.0 / 1040	fixed	Y	1/2000s	10.0/s	n	Y
12.		Leica SL	4400	Y	3.0 / 1040	fixed	Y	1/8000s	11.0/s	n	n
13.		Nikon D7200	optical	Y	3.2 / 1229	fixed	n	1/8000s	6.0/s	Y	n
14.		Panasonic FZ100	202	n	3.0 / 460	swivel	n	1/2000s	11.0/s	Y	Y
15.		Panasonic FZ150	202	n	3.0 / 460	swivel	n	1/2000s	12.0/s	Y	Y
16.		Panasonic FZ200	1312	n	3.0 / 460	swivel	n	1/4000s	12.0/s	Y	Y
17.		Sony HX400V	210	n	3.0 / 921	tilting	n	1/4000s	10.0/s	Y	Y
Note: *) Information refers to the mechanical shutter, unless the camera only has an electronic one.

One differentiating feature between the two cameras concerns the touch sensitivity of the rear screen. The FZ300 has a touchscreen, while the M Typ 262 has a conventional panel. Touch control can be particularly helpful, for example, for setting the focus point.

The reported shutter speed information refers to the use of the mechanical shutter. Yet, some cameras only have an electronic shutter, while others have an electronic shutter in addition to a mechanical one. In fact, the FZ300 is one of those camera that have an additional electronic shutter, which makes completely silent shooting possible. However, this mode is less suitable for photographing moving objects (risk of rolling shutter) or shooting under artificial light sources (risk of flickering).

The Panasonic FZ300 has an intervalometer built-in. This enables the photographer to capture time lapse sequences, such as flower blooming, a sunset or moon rise, without purchasing an external camera trigger and related software.

Concerning the storage of imaging data, both the M Typ 262 and the FZ300 write their files to SDXC cards. Both cameras can use UHS-I cards, which provide for Ultra High Speed data transfer of up to 104 MB/s.

Connectivity comparison

For some imaging applications, the extent to which a camera can communicate with its environment can be an important aspect in the camera decision process. The table below provides an overview of the connectivity of the Leica M (Typ 262) and Panasonic Lumix DMC-FZ300 and, in particular, the interfaces the cameras (and selected comparators) provide for accessory control and data transfer.

Input-Output Connections

		Camera Model	Hotshoe Port	Internal Mic / Speaker	Microphone Port	Headphone Port	HDMI Port	USB Port	WiFi Support	NFC Support	Bluetooth Support
1.		Leica M Typ 262	Y	- / -	-	-	-	2.0	-	-	-
2.		Panasonic FZ300	Y	stereo / mono	Y	-	mini	2.0	Y	-	-
3.		Canon 1D X Mark II	Y	mono / mono	Y	Y	mini	3.0	-	-	-
4.		Canon 80D	Y	stereo / mono	Y	Y	mini	2.0	Y	Y	-
5.		Canon G3 X	Y	stereo / mono	Y	Y	mini	2.0	Y	Y	-
6.		Canon SX60	Y	stereo / mono	Y	-	mini	2.0	Y	Y	-
7.		Leica M Typ 240	Y	stereo / mono	-	-	-	2.0	-	-	-
8.		Leica M-E Typ 240	Y	mono / -	-	-	-	2.0	-	-	-
9.		Leica M10	Y	- / -	-	-	-	-	Y	-	-
10.		Leica M10-P	Y	- / -	-	-	-	-	Y	-	-
11.		Leica Q Typ 116	Y	stereo / mono	-	-	micro	2.0	Y	Y	-
12.		Leica SL	Y	stereo / mono	Y	Y	full	3.0	Y	-	-
13.		Nikon D7200	Y	stereo / mono	Y	Y	mini	2.0	Y	Y	-
14.		Panasonic FZ100	Y	stereo / mono	-	-	mini	2.0	-	-	-
15.		Panasonic FZ150	Y	stereo / -	-	-	mini	2.0	-	-	-
16.		Panasonic FZ200	Y	stereo / mono	Y	-	mini	2.0	-	-	-
17.		Sony HX400V	Y	stereo / mono	-	-	micro	2.0	Y	Y	-

It is notable that the FZ300 offers wifi support, which can be a very convenient means to transfer image data to an off-camera location. In contrast, the M Typ 262 does not provide wifi capability.

The FZ300 is a recent model that features in the current product line-up of Panasonic. In contrast, the M Typ 262 has been discontinued (but can be found pre-owned on ebay). As a replacement in the same line of cameras, the M Typ 262 was succeeded by the Leica M10. Further information on the features and operation of the M Typ 262 and FZ300 can be found, respectively, in the Leica M Typ 262 Manual (free pdf) or the online Panasonic FZ300 Manual.

Review summary

So what conclusions can be drawn? Which of the two cameras – the Leica M Typ 262 or the Panasonic FZ300 – has the upper hand? Is one clearly better than the other? A synthesis of the relative strong points of each of the models is listed below.

Advantages of the Leica M (Typ 262):

• More detail: Offers more megapixels (23.7 vs 12MP) with a 43% higher linear resolution.
• Better image quality: Features bigger pixels on a larger sensor for higher quality imaging.
• Richer colors: The pixel size advantage translates into images with better, more accurate colors.
• More dynamic range: Larger pixels capture a wider spectrum of light and dark details.
• Better low-light sensitivity: Larger pixels means good image quality even under poor lighting.
• Brighter framing: Features an optical viewfinder for clear, lag-free composition.
• More flexible: Accepts interchangeable lenses, so that lens characteristics can be altered.
• More prestigious: Has the Leica luxury appeal, which ensures a high resale price.
• More modern: Is somewhat more recent (announced 4 months after the FZ300).

Reasons to prefer the Panasonic Lumix DMC-FZ300:

• Broader imaging potential: Can capture not only stills but also 4K/30p video.
• More framing info: Has an electronic viewfinder that displays shooting data.
• Larger viewfinder image: Features a viewfinder with a higher magnification (0.70x vs 0.68x).
• More detailed LCD: Has a higher resolution rear screen (1040k vs 921k dots).
• More flexible LCD: Has a swivel screen for odd-angle shots in portrait or landscape orientation.
• Fewer buttons to press: Has a touchscreen to facilitate handling and shooting adjustments.
• More selfie-friendly: Has an articulated screen that can be turned to be front-facing.
• Faster burst: Shoots at higher frequency (12 vs 3 flaps/sec) to capture the decisive moment.
• Less disturbing: Has an electronic shutter option for completely silent shooting.
• Easier time-lapse photography: Has an intervalometer built-in for low frequency shooting.
• Ready to shoot: Has an integrated lens, whereas the M Typ 262 necessitates an extra lens.
• Sharper images: Has stabilization technology built-in to reduce the impact of hand-shake.
• Easier fill-in: Has a small integrated flash to brighten shadows of backlit subjects.
• Easier file upload: Has wifi built in for automatic backup or image transfer to the web.
• More affordable: Was introduced at a lower price, despite coming with a built-in lens.
• More heavily discounted: Has been on the market for longer (launched in July 2015).

If the number of relative strengths (bullet points above) is taken as a guide, the FZ300 is the clear winner of the contest (16 : 9 points). However, the pertinence of the various camera strengths will differ across photographers, so that you might want to weigh individual camera traits according to their importance for your own imaging needs before making a camera decision. A professional wedding photographer will view the differences between cameras in a way that diverges from the perspective of a travel photog, and a person interested in cityscapes has distinct needs from a macro shooter. Hence, the decision which camera is best and worth buying is often a very personal one.

In any case, while the comparison of the spec-sheets of cameras can offer a general idea of their imaging potential, it says little about, for example, the shooting experience and imaging performance of the M Typ 262 and the FZ300 in practical situations. User reviews that are available, for instance, at amazon can sometimes shed light on these issues, but such feedback is all too often partial, inconsistent, and inaccurate.

Expert reviews

This is why expert reviews are important. The adjacent summary-table relays the overall verdicts of several of the most popular camera review sites (amateurphotographer [AP], cameralabs [CL], digitalcameraworld [DCW], dpreview [DPR], ephotozine [EPZ], photographyblog [PB]). As can be seen, the professional reviewers agree in many cases on the quality of different cameras, but sometimes their assessments diverge, reinforcing the earlier point that a camera decision is often a very personal choice.

Expert Camera Reviews

		Camera   Model	AP   score	CL   score	DCW   score	DPR   score	EPZ   score	PB   score	Camera Launch	Launch Price (USD)	Street Price
1.		Leica M Typ 262	..	..	..	..	..	..	Nov 2015	5,195	ebay.com
2.		Panasonic FZ300	..	+ +	..	..	4.5/5	4.5/5	Jul 2015	599	amazon.com
3.		Canon 1D X Mark II	..	..	4.5/5	89/100	4.5/5	4.5/5	Feb 2016	5,999	ebay.com
4.		Canon 80D	4/5	+ +	4.5/5	84/100	4.5/5	4.5/5	Feb 2016	1,199	ebay.com
5.		Canon G3 X	3.5/5	+	..	..	4.5/5	4/5	Jun 2015	999	ebay.com
6.		Canon SX60	3/5	+ +	..	75/100	4/5	4.5/5	Sep 2014	549	ebay.com
7.		Leica M Typ 240	4/5	..	..	..	4/5	..	Sep 2012	6,950	ebay.com
8.		Leica M-E Typ 240	..	..	..	..	..	..	Jun 2019	3,999	ebay.com
9.		Leica M10	4.5/5	..	..	..	4/5	4.5/5	Jan 2017	6,595	ebay.com
10.		Leica M10-P	..	..	3/5	..	..	4/5	Aug 2018	7,995	ebay.com
11.		Leica Q Typ 116	5/5	..	..	80/100	4.5/5	4.5/5	Jun 2015	4,249	ebay.com
12.		Leica SL	4/5	..	4/5	84/100	4.5/5	4/5	Oct 2015	7,450	ebay.com
13.		Nikon D7200	4/5	+ +	..	84/100	4.5/5	4.5/5	Mar 2015	1,199	ebay.com
14.		Panasonic FZ100	..	+	..	..	4.5/5	4.5/5	Jul 2010	499	ebay.com
15.		Panasonic FZ150	3/5	+ +	..	76/100	4/5	4.5/5	Aug 2011	499	ebay.com
16.		Panasonic FZ200	3/5	+ +	..	80/100	4.5/5	4.5/5	Jul 2012	599	ebay.com
17.		Sony HX400V	4/5	+ +	..	..	4/5	4/5	Feb 2014	499	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

Care should be taken when interpreting the review scores above, though. The ratings were established in reference to similarly priced cameras that were available in the market at the time of the review. Thus, a score needs to be put into the context of the launch date and the launch price of the camera, and comparisons of ratings among very different cameras or across long time periods have little meaning. It should also be noted that some of the review sites have over time altered the way they render their verdicts.

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Other camera comparisons

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